SAN FRANCISCO, Oct 7- Yahoo Inc is reducing the size of its operations in Bangalore, India, the Internet company's largest engineering facility outside its California headquarters. The move comes more than a week after activist investor Starboard Value LP publicly pressured Yahoo to cut what it referred to as a "bloated" cost structure. "As we ensure that Yahoo is...

It's going to be very hard to compete with Alibaba, and it is skipping the notion of shopping malls, says Roger McNamee, Elevation Partners co-founder. And Jon Steinberg, Daily Mail North America CEO, says Alibaba shares are cheap right now.